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Taiwan looks to fast-track FTA talks with India, eyes higher tech exports

With an eye on carving out a larger share of the Indian tech products and precision tools market, Taiwan is looking to fast-track discussions on a trade deal with India. […]

Gujarat offers dedicated cluster for Taiwanese machinery companies

Gujarat government on Friday asked machinery manufacturers from Taiwan a dedicated cluster in Gujarat to cater to Indian market. Representatives of Taiwanese companies said that they […]

Taiwan sets eyes on India amid China-US trade war

Taiwan is eyeing a 20% y-o-y growth in trade with India in the backdrop of the New Southbound Policy (NSP) institutionalised in 2016, which sharply focused […]

Taiwan’s machinery makers prepare for plastic bans

Some single-use plastics, like PET water bottles, serve a good purpose, said Peter Pan, vice general manager for Chumpower Machinery Corp. Chumpower is a blow molding […]

Taiwan to exhibit smart technology at 2 European trade shows in 2019

On Monday, May 6, the Secretary-General of the Taiwan External Development Council (TAITRA), Walter Yeh (葉明水), announced that Taiwan will be participating in two European trade […]

Taiwanese machine makers could benefit from US, China tariff fight

Machine manufacturers in Taiwan are keeping a close eye on escalating trade talks between the U.S. and China, and think the tariffs will ultimately benefit them […]

Taiwan Economic Outlook – April 2019

2019 Off to Slow Start Central banks throughout the world have been in a holding pattern amid a global economic slowdown and a protracted, bitter trade […]

FISME led MSME delegation to TIMTOS; MSMEs show keen interest in Taiwan machineries

The Federation of Indian Micro and Small & Medium Enterprises (FISME) took a business delegation of around 25 delegates to Taiwan for the Taipei International Machine […]

Design Tomorrow

Apply smart manufacturing capabilities to increase value-added outputs.

The purpose of smart machinery is to upgrade Taiwan from precision machinery to smart machinery and export the entire plant output.

Apply smart manufacturing capabilities to increase value-added outputs.
Upgrade Taiwan from precision machinery to smart machinery and export the entire plant output.
Intelligent, self-learning, and communicate with other machines and human operators to transmit data in real time
Encourage manufacturers to invest in smart machinery and to obtain tax credit for Smart Machinery R&D.
Utilize digital technology and integrate and integrate software and hardware equipment.

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